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Messprobleme bei der Ermittlung des Wachstums der Arbeitsproduktivität - dargestellt anhand eines Vergleichs der Schweiz mit den USA / Measurement Problems with Respect to Labour Productivity Growth - Illustrated by a Comparison of Switzerland with the United States

Author

Listed:
  • Hartwig Jochen

    (Konjunkturforschungsstelle der ETH Zürich, WEH E7, Weinbergstr. 35, CH-8092, Zürich, Switzerland)

Abstract

The paper shows that the assessment of the speed of productivity growth crucially depends on how one chooses to measure value added. According to a widely held view, the growth rate of labour productivity has increased significantly in the U.S. since the mid-90s. The U.S. is perceived to outperform most European countries in this respect by a wide margin. Comparing the U.S. with Switzerland, we show this view to rely - at least in part - on statistical artefacts.

Suggested Citation

  • Hartwig Jochen, 2006. "Messprobleme bei der Ermittlung des Wachstums der Arbeitsproduktivität - dargestellt anhand eines Vergleichs der Schweiz mit den USA / Measurement Problems with Respect to Labour Productivity Growth -," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 226(4), pages 418-435, August.
    • Handle: RePEc:jns:jbstat:v:226:y:2006:i:4:p:418-435
    DOI: 10.1515/jbnst-2006-0405
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    References listed on IDEAS

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